Coin Specifications

Category: Standing Liberty Quarters (1916-1930)
Mint: San Francisco
Mintage: 2,644,000
Obverse Designer: Hermon A. MacNeil
Reverse Designer: Hermon A. MacNeil
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $3.01 (12/8/2019)
Diameter: 24.3mm
Edge: Reeded
Link to this coin

1928 S 25C MS obverse 1928 S 25C MS reverse
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Description & Analysis

Production of quarter dollars at the San Francisco Mint returned to a normal level in 1928, after the drastic dip of the previous year. It's evident that several rolls of 1928-S must have survived as late as the 1960s or '70s, as this issue is rather plentiful in Mint State. Gems are quite common, though nearly all of these have mediocre strikes. An overall weakness at the centers is typical, and Full Head specimens are scarce, though not truly rare. As with 1928-D, the scarcity of XF and AU examples has not resulted in high prices for the simple reason that MS coins are so available.

The Small S mintmark typical of San Francisco coins made from 1917 through 1941 is slightly more scarce than the Large S also used in 1928 alone for several denominations. Jay Cline seems to have overstated the rarity of the Small S, and neither variety carries a premium. The Large S is of a style used 30-40 years earlier, and why it was applied to several dies in 1928 is unknown. The Large S dies were used in the second half of the year, and the greater availability of this variety suggests that most 1928-S quarters were likewise coined late in the year. For all other denominations the Small S is more common, and no nickels are known with the Large S.

NGC will attribute these mintmark varieties under its VarietyPlus Service, and one of the Large S dies features a repunched mintmark.

GRADE SUMMARY

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Price Guide

Last Updated: 12/5/2019

Click on a price to see historical prices, comparison charts and trends.

1928 S 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 8.50 12.00 15.00 22.00 50.00 85.00 90.00 95.00 125 150 165 195 250 315 400 645 2900 - - -
$ - - - - 135 - - 220 280 350 575 800 3500 -
1928 S 25C MS FH
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 90.00 100.00 110 150 175 230 335 445 650 1300 1670 7000 37500 - -
$ - - - - - - - - - 750 1400 3000 22500 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1514
Low Grade: PrAg
Average Grade: 63
High Grade: 68

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 12/3/2019 1928 S 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base37915279208163858-14449226830214227---1099
-----------------11---2
--------------212433---51
-----------------------
Total37915279208163858-14449426930418631---1152
 0 %1 %1 %1 %2 %1 %2 %1 %1 %3 %5 %-1 %4 %8 %23 %26 %16 %3 %--- 
1928 S 25C MS FH
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------8-4134181113113393--415
------------------2---2
---------------2-45---11
-----------------------
Total----------8-4134183113117463--428
 ----------2 %-1 %3 %10 %19 %26 %27 %11 %1 %-- 

Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
12/7/2019 MS 67  Full Head Heritage Auctions 2019 December 5 - 7 US Coins Signature Auction Session(1), 1302/Lot# 3095


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/2/2000 NGC MS 65   Full Head Teletrade Auction 1266, 1266/Lot# 1477 $545.00
11/7/2003 NGC MS 65   Heritage Auctions 2003 November Signature Sale #334, 334/Lot# 6334 $379.50
9/14/2008 PCGS MS 66   Goldberg September 14-16, 2008 Pre-Long Beach Coin Auction, 48/Lot# 833 $870.00
11/10/2013 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 138583 $84.70
2/27/2014 PCGS MS 64   Full Head Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(5), 1203/Lot# 7558 $793.13
3/16/2014 PCGS MS 66   Full Head David Lawrence Rare Coins Internet Auction # 795, 804/Lot# 109 $1,800.00
  NGC MS 65   Full Head Bonhams $643.00
7/17/2015 PCGS   Stack's Bowers July 2015 Baltimore Auction, 6105/Lot# 5163 $470.00
4/25/2019 PCGS MS 67   Full Head Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(1), 1294/Lot# 3428 $5,040.00


NGC Registry

NGC Registry Score 1928 S 25C MS FH
 PrAgGVGFVF4045505355586061626364656667686970
Base33333312724428832036038940142343979311861907399163331490826788
33333441662582983333693934084285579241426260147719191188680
000000166258298333369393408428557924142626014771919100
00000020527330934637939741543367510551666329655521204900
1928 S 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3333331062092482753113363453663815398471173291047931075919270
3333337140222257287319339352371433641955175235376781135960
00000014022225728731933935237143364195517523537678100
000000174235266299327342359376486744106423314165877000
Registry Image Gallery
Grade: MS 67 FH
Points: 3991
Owner: JMWorlock
 
Grade: MS 67
Points: 2910
Owner: JMWorlock
 
View the Registry Image Gallery

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